Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.025%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now −0.025%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.022% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 118.33 | 0 | get 0.0000% / 8h | 4h 29m | $1.5M | $1.9M | 50x |
| Short | Bybit BABAUSDT | 118.30 | 0 | get 0.0000% / 8h | 4h 29m | $2.1M | $682K | 25x |
Gate BABA_USDT
Bybit BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.025% → −0.003%
- −$2.22
- Slippage, 4 orders
- −$26.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$54.46
- Costs to cover
- 0.522%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 3 min ago | 3.38 bp | 14.0 bp −$14 | 231.3 bp −$2,313 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.96 bp | 10.7 bp −$11 | 80.6 bp −$806 | doesn't fit | doesn't fit |
BABA on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 118.55 | +0.187% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDTshort | 0.0000% | 8h | 118.30 | −0.025% | $2.1M | $682K | 25x | |
| Gate BABA_USDTlong | 0.0000% | 8h | 118.33 | long leg | $1.5M | $1.9M | 50x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.35 | +0.017% | $987 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.39 | +0.051% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0003% | 8h | 118.33 | +0.001% | $3K | $216K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.39 | +0.051% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.32 | −0.008% | $427K | $497K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.104% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.32 | −0.008% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.31 | −0.017% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.24 | −0.076% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.28 | −0.042% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.15 | −0.152% | $241K | $404K | 10x | as long as short |
| Variational Omni BABA | +0.0067% | 8h | 118.31 | −0.017% | $266K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.31 | −0.017% | $1.2M | $4.2M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.27 | −0.051% | $616K | $490K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.35 | +0.017% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0140% | 8h | 118.34 | +0.008% | $15.6M | $29.8M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.34 | +0.005% | $43K | $355K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.26 | −0.059% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0716% | 8h | 118.33 | 0.000% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT